Anthropic has raised $30 billion in Series G funding led by GIC and Coatue, valuing the company at $380 billion post-money. The round was co-led by D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX. The investment will fuel research, product development and infrastructure expansion.
“Whether it is entrepreneurs, startups, or the world’s largest enterprises, the message from our customers is the same: Claude is increasingly becoming critical to how businesses work,” said Krishna Rao, Anthropic’s Chief Financial Officer. “This fundraising reflects the incredible demand we are seeing from these customers, and we will use this investment to continue building the enterprise-grade products and models they have come to depend on.”
Significant investors in this round include: Accel, Addition, Alpha Wave Global, Altimeter, AMP PBC, Appaloosa LP, Baillie Gifford, Bessemer Venture Partners, affiliated funds of BlackRock, Blackstone, D1 Capital Partners, Fidelity Management & Research Company, General Catalyst, Greenoaks, Growth Equity at Goldman Sachs Alternatives, Insight Partners, Jane Street, JPMorganChase through its Security and Resiliency Initiative and Growth Equity Partners, Lightspeed Venture Partners, Menlo Ventures, Morgan Stanley Investment Management, NX1 Capital, Qatar Investment Authority (QIA), Sands Capital, Sequoia Capital, Temasek, TowerBrook, TPG, Whale Rock Capital, and XN. This round also includes a portion of the previously announced investments from Microsoft and Nvidia.
Remarkable growth
It’s been less than three years since Anthropic earned its first dollar in revenue with a run-rate revenue of $14 billion in 2026. This figure has grown over 10x annually in each of those past three years.
The number of customers spending over $100,000 annually on Claude (as represented by run-rate revenue) has grown 7x in the past year. And Anthropic has said in a post that, “Businesses that start with Claude for a single use case – API, Claude Code, or Claude for Work – are expanding their integrations across their organisations. Two years ago, a dozen customers spent over $1 million with us on an annualized basis. Today that number exceeds 500. Eight of the Fortune 10 are now Claude customers.”
Claude Code was made available to the general public in May 2025. Today, the company reports that Claude Code’s run-rate revenue has grown to over $2.5 billion; more than doubling since the beginning of 2026. The number of weekly active Claude Code users has also doubled since January 1. Their recent analysis estimated that 4% of all GitHub public commits worldwide were being authored by Claude Code – double the percentage from just one month prior.
Enterprise: the next generation
Business subscriptions to Claude Code have quadrupled since the start of 2026, while enterprise use has grown to represent over half of all Claude Code revenue. Of course, we’re familiar with generative AI being used in games development, but Claude is now being used in financial and data analysis, sales, cybersecurity, scientific discovery and beyond.
“Since our initial investment in 2025, Anthropic’s focus on agentic coding and enterprise-grade AI systems has accelerated its progress toward large-scale adoption,” said Philippe Laffont, Founder & Portfolio Manager of Coatue. “The team’s ability to rapidly scale its offerings further positions Anthropic as a leader in a highly competitive AI market.”
Investment for expansion
The Series G funding will power infrastructure expansion as Anthropic aims to, “Make Claude available everywhere our customers are.” The company asserts that Claude remains the only frontier AI model available to customers on all three of the world’s largest cloud platforms: Amazon Web Services (Bedrock), Google Cloud (Vertex AI), and Microsoft Azure (Foundry).
The statement ends, “As AI moves toward scaled implementation, we will continue to build the models, products, and partnerships to lead that transition.”
